4 JUNE 2012
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Global Infrastructure Partners (GIP) has formally taken over ownership of Edinburgh Airport from BAA Ltd. The company has announced Gordon Dewar, a former Managing Director of the airport, has been appointed Chief Executive.
The airport was sold to GIP in April, after the Competition Commission ruled BAA had to dispose of either Edinburgh or Glasgow. GIP also owns London City and Gatwick airports.
Dewar is currently Chief Executive of Bahrain International Airport and will rejoin Edinburgh in the summer. The airport’s current Managing Director, Jim O’Sullivan, has agreed to continue in his role until then.
Michael McGhee, the GIP partner who led the £807m acquisition of Edinburgh, said: “Gordon is an outstanding airport executive, with relevant experience of Edinburgh Airport”.
Dewar, who ran Edinburgh Airport between 2008 and 2010, said: “The challenge of leading the airport and the team into a new era of competition and growth is an irresistible one, and very different to the role I once played in BAA”.
Sir John Elvidge, who becomes Chairman of Edinburgh Airport, said: “We don’t expect to change overnight, but we have an excellent, supportive owner and a world-class management team; each of us is determined to raise Scotland’s profile around the world, connect Edinburgh with more destinations, and provide passengers with a great experience and more choice”. www.edinburghairport.com
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